PaperlinX Appoints Price Managing Director, CEO
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PaperlinX, Australia, this week announced that, effective immediately, Andrew Price has been appointed managing director and CEO. Dave Allen has stepped down as the Group's CEO but will remain with the company until December 31 to assist with special projects and to work with Price on transition.
Robert Kaye, chairman of PaperlinX, said that "significant progress has been made during the past 12 months as the company restructures its business globally in the face of a declining paper market, while simultaneously focusing on developing its diversified businesses. We would like to thank Dave for his valuable contribution to the turnaround efforts at PaperlinX over the past 12 months.
"We are pleased that Andrew has accepted the role of managing director and CEO. Since his appointment as an executive director in November 2012, he has been working closely with management, particularly in Europe, to accelerate the restructuring initiatives. Accordingly, the board is confident that Andrew will be able to return PaperlinX to profitability in the shortest possible time," Kaye said.
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